Key Takeaways Inflation, as measured by Personal Consumption Expenditures, rose 2.6% over the year in December, up from 2.4% ...

The S&P/ASX 200 closed 46.7 points higher, up 0.55%. Aussie stocks tipped a new record high today as investors waded back ...

On a month-on-month basis the consumer price index contracted by 0.4%. On an annual basis, prices for alcoholic beverages purchased from stores declined 1.3% in December, compared with a 1.9% increase ...

Microsoft said in a blog post that it's increasing the price of its Microsoft 365 bundle for consumers by $3 a month. The company said it's raising the price as it's adding its Copilot artificial ...

This has shown an accelerating trend since mid 2024. Core CPI, however, was softer at +0.23% MoM, the lowest reading since July. Analysts suspect the core PCE reading should be similar. This should be ...

According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year ... the Personal Consumption Expenditure (PCE) price index as their preferred ...

The CPI and PPI prints imply that PCE Core will come in at a cool .2% when it is reported at month end. Core CPI printed cool at .2% versus .3%, with headline higher than core due to seasonal ...

Of course, the Fed bases its two-percent goal not on regular CPI, but on the PCE measure of price inflation. The PCE numbers are not yet released for December, but in the most recent PCE number (for ...

The two expected front-runners for the Liberal leadership campaign would either scrap the consumer carbon price or make major changes, sources say – likely assuring that one of Prime Minister ...

The timing of this series does not exactly help raise its profile. It comes after the top two World Test Championship (WTC) berths have been decided at the tail-end of the cycle. West Indies are ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.